The US hide market remains weak with both suppliers and tanners looking for signs that the bottom is coming and “normalcy” returns. More overnight offers reflect recent sales with prices off from $1-$2 on several selections while some continue steady. Market activity remains to the slower side with buyer interest mixed depending on which supplier you talk to. A good percentage of bids are fishing expeditions but some more serious ones are…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...